Market Overview:
Augmented Reality (AR) is a technology that superimposes a computer-generated image on a user's view of the real world, thus providing a composite view. The global augmented reality in warehousing and logistics market is expected to grow at a CAGR of 27.5% during the forecast period 2018-2030. The growth of this market can be attributed to various factors such as increase in demand for AR applications from small and medium enterprises (SMEs) and large enterprises, rising adoption of AR technology by end users, and increasing investments by key players in the augmented reality market. However, lack of awareness about AR technology among end users may restrain the growth of this market to some extent during the forecast period. The global augmented reality in warehousing and logistics market can be segmented on the basis of type into hardware and services. On the basis of application, it can be segmented into SMEs and large enterprises. Geographically, it can be divided into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa . Key players operating in this market are Microsoft Corporation (U.S.), PTC Inc.(U.), Google LLC(U.), Apple Inc.(U.), Samsung Electronics Co., Ltd.(South Korea), Wikitude GmbH(Austria), Daqri LLC(U..).
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Product Definition:
Augmented Reality (AR) is the addition of virtual, three-dimensional images to a real-world environment. It can be used in warehousing and logistics to improve the accuracy of picking and packing items. AR can also be used to improve safety by providing workers with information about their surroundings.
Hardware:
Hardware is the physical devices such as headsets, smart glasses or contact lenses etc. that are used in AR applications. The hardware usage in warehousing and logistics for Augmented Reality (AR) application is increasing day by day due to its features such as real-time interaction with the warehouse/logistics system which helps user to see & feel product etc., thereby enhancing customer experience.
The growth factor of AR in warehousing.
Services:
Warehousing and logistics are two of the most important sectors that have been impacted by technological proliferation. The impact has been positive in nature as it has helped companies to reduce cost, improve efficiency, and augment their revenues. Services have undergone a paradigm shift from manual to automated processes owing to technology innovation such as cloud computing and big data analytics.
Application Insights:
The application segment has been further categorized into inventory management, process optimization, asset tracking and monitoring, supply chain management among others. The large enterprises segment held the largest market share in 2017. This can be attributed to the extensive use of AR technology by large enterprises for their logistics operations to reduce operational costs and improve efficiency across various processes such as order picking and warehousing & storage.
AR technology helps small and medium-sized businesses (SMBs) in improving their marketing efforts by enabling them to create more effective advertising campaigns with less cost than before. SMBs can utilize AR technologies for creating virtual samples of products which are displayed on a smartphone or tablet screen thereby helping customers make a better buying decision while visiting stores or markets where these businesses exhibit their products for sale.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by companies for deploying advanced technologies such as augmented reality in their warehouses and logistics networks. Moreover, growing adoption of IoT-based solutions will further propel growth over the next eight years.
Asia Pacific is anticipated to emerge as a lucrative regional market during the same period owing to increasing number of technology startups focusing on developing innovative solutions using augmented reality technology for various applications such as training, design, planning and management support among others across industries such as retail, warehousing and logistics among others.
Growth Factors:
- Increasing demand for AR in the warehousing and logistics sector from small and medium-sized businesses (SMBs) due to the growing need for improved efficiency, accuracy, and visibility in their operations.
- The increasing popularity of AR applications among consumers for shopping, gaming, entertainment, etc., is also driving demand for AR in the warehousing and logistics sector as it can help improve customer experience by providing a more interactive and engaging experience while shopping or receiving goods.
- Rapid advancements in technology are making AR devices more affordable and accessible to businesses of all sizes which is helping fuel its growth in the warehousing and logistics market.
- Growing awareness about the benefits of using AR technology such as increased efficiency, productivity gains, reduced errors & wastage, etc., is encouraging more companies to adopt it into their operations which is contributing to its growth in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Augmented Reality (AR) in Warehousing and Logistics Market Research Report
By Type
Hardware, Services
By Application
Small and Medium Enterprises, Large Enterprises
By Companies
DHL Supply Chain, Scandit, Elementum, ProLogistix, Vuzix, Körber(Inconso), Voxware, Queppelin, Upskill
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Augmented Reality (AR) in Warehousing and Logistics Market Report Segments:
The global Augmented Reality (AR) in Warehousing and Logistics market is segmented on the basis of:
Types
Hardware, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DHL Supply Chain
- Scandit
- Elementum
- ProLogistix
- Vuzix
- Körber(Inconso)
- Voxware
- Queppelin
- Upskill
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Highlights of The Augmented Reality (AR) in Warehousing and Logistics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Services
- By Application:
- Small and Medium Enterprises
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Augmented Reality (AR) in Warehousing and Logistics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Augmented reality (AR) is a technology that allows users to see digital objects and environments in real time. By overlaying digital information on top of the physical world, AR can enhance user experience and help them interact with products or services in new ways. In warehousing and logistics, AR can be used to improve navigation within warehouses, track inventory levels, and identify potential problems early on.
Some of the major players in the augmented reality (ar) in warehousing and logistics market are DHL Supply Chain, Scandit, Elementum, ProLogistix, Vuzix, K¶rber(Inconso), Voxware, Queppelin, Upskill.
The augmented reality (ar) in warehousing and logistics market is expected to register a CAGR of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Augmented Reality (AR) in Warehousing and Logistics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Augmented Reality (AR) in Warehousing and Logistics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Augmented Reality (AR) in Warehousing and Logistics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Augmented Reality (AR) in Warehousing and Logistics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Augmented Reality (AR) in Warehousing and Logistics Market Size & Forecast, 2018-2028
4.5.1 Augmented Reality (AR) in Warehousing and Logistics Market Size and Y-o-Y Growth
4.5.2 Augmented Reality (AR) in Warehousing and Logistics Market Absolute $ Opportunity
Chapter 5 Global Augmented Reality (AR) in Warehousing and Logistics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Augmented Reality (AR) in Warehousing and Logistics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Augmented Reality (AR) in Warehousing and Logistics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Augmented Reality (AR) in Warehousing and Logistics Analysis and Forecast
9.1 Introduction
9.2 North America Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Augmented Reality (AR) in Warehousing and Logistics Analysis and Forecast
10.1 Introduction
10.2 Europe Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Augmented Reality (AR) in Warehousing and Logistics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Augmented Reality (AR) in Warehousing and Logistics Analysis and Forecast
12.1 Introduction
12.2 Latin America Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Augmented Reality (AR) in Warehousing and Logistics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Augmented Reality (AR) in Warehousing and Logistics Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Augmented Reality (AR) in Warehousing and Logistics Market: Competitive Dashboard
14.2 Global Augmented Reality (AR) in Warehousing and Logistics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DHL Supply Chain
14.3.2 Scandit
14.3.3 Elementum
14.3.4 ProLogistix
14.3.5 Vuzix
14.3.6 Körber(Inconso)
14.3.7 Voxware
14.3.8 Queppelin
14.3.9 Upskill
